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English definition of “CPI”

CPI

noun [C]    
ECONOMICS, COMMERCE abbreviation for consumer price index: a list of the prices of basic goods and services, showing how they change each month. The CPI is usually used to measure inflation: About 55% of the CPI measures the cost of services, ranging from health care to airline fares. → Compare cost of living index, retail price index
GOVERNMENT, POLITICS, LAW abbreviation for Corruption Perceptions Index
(Definition of CPI noun from the Cambridge Business English Dictionary © Cambridge University Press)
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